*Administration of Barack Obama, 2012 *

**Statement on the Selection of Jim Yong Kim as President of the World Bank **

*April 16, 2012 *

On behalf of the United States, I would like to offer my congratulations to Dr. Jim Yong Kim on his selection as the next President of the World Bank. I am confident that Dr. Kim will be an inclusive leader who will bring to the Bank a passion for and deep knowledge of development, a commitment to sustained economic growth, and the ability to respond to complex challenges and seize new opportunities. I appreciate the strong support offered to Dr. Kim from leaders around the world.

I am also pleased that this has been an open and transparent process and would like to take this opportunity to acknowledge the outstanding qualifications and commitment of the other two candidates. I look forward to working with Dr. Kim and our partners throughout the world in support of a strong and effective World Bank.

NOTE: The statement referred to World Bank President candidates Jose A. Ocampo and Ngozi Okonjo-Iweala.

*Categories:* Statements by the President : Kim, Jim Y., selection as World Bank President*. *

*Names:* Kim, Jim Y.; Ocampo, Jose A.; Okonjo-Iweala, Ngozi*.*

*Subjects:* World Bank.

*DCPD Number:* DCPD201200275.